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<p>[QUOTE="medoraman, post: 3241960, member: 26302"]Always remember almost no lower grade silver coins get melted. It is simply shorthand for bullion value only. Back in the 80's, junk silver sold at a steep enough discount to actually facilitate real melting of low value coins. However, since then, they sell for too much to actually make a profit melting them unless severely damaged, etc. If silver is $15, you have to pay the smelter, account for wear loss, etc. You need to buy junk silver at a pretty decent discount off of intrinsic value to actually profit from this.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3241960, member: 26302"]Always remember almost no lower grade silver coins get melted. It is simply shorthand for bullion value only. Back in the 80's, junk silver sold at a steep enough discount to actually facilitate real melting of low value coins. However, since then, they sell for too much to actually make a profit melting them unless severely damaged, etc. If silver is $15, you have to pay the smelter, account for wear loss, etc. You need to buy junk silver at a pretty decent discount off of intrinsic value to actually profit from this.[/QUOTE]
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Question for collectors of both bullion and numismatic coins
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